Search For "banking"
Centre exploring multiple options to resolve IL&FS case: MCA Secy
Updated : 7 years, 4 months ago IST
New Delhi [India], Nov 5 (ANI): Ministry of Corporate Affairs (MCA) secretary Injeti Srinivas on Monday said that the government is exploring multiple options for resolution of the Infrastructure Leasing and Financial Services (IL&FS) crisis.
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Closing bell: Sensex ends 579.68pts higher, Nifty above 10,550
Updated : 7 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 2 (ANI): Market indices on Friday closed for the week on a positive note, backed primarily by favourable outcomes in the automobile and banking sectors.
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Sensex soars 600pts, Nifty above 10,500
Updated : 7 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 2 (ANI): Despite a sharp fall in the price of crude oil, market indices on Friday have gained significantly backed by banking, automobiles, energy, and pharmaceutical sectors.
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Jaitley reviews liquidity crisis in NBFCs
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 30 (ANI): Finance Minister Arun Jaitley on Tuesday chaired the 19th Financial Stability and Development Council (FSDC) meeting in New Delhi, where he reviewed the liquidity crisis prevalent in Non-Banking Financial Companies (NBFCs).
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IBC helping banking sector clean up bad loans: Jaitley
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 27 (ANI): Union Finance Minister Arun Jaitley on Saturday said the Insolvency and Bankruptcy Code (IBC) is helping the banking sector of the country in cleaning up bad loans, adding that the fear of the IBC has made defaulters approach their respective banks to clear t
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CAG Mehrishi questions RBI over banking crisis
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 24 (ANI): Raising question over the monetary policy of the Reserve Bank of India (RBI) in the present banking crisis, the Comptroller and Auditor General of India (CAG), Rajiv Mehrishi asked what the "country's regulator was doing when the banks were lending huge amoun
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Absence of bond market is fuelling banking crises: CAG
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 23 (ANI): In the wake of the crisis ensuing in the Infrastructure Leasing & Financial Services Limited (IL&FS), Comptroller and Auditor General of India (CAG) Rajiv Mehrishi opined that that absence of a bond market is the reason behind the current banking c
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ASSOCHAM lauds RBI's move enabling NBFCs to tackle liquidity crunch
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 21 (ANI): The ASSOCHAM lauded the Reserve Bank of India's (RBI) move to incentivise banks which are enhancing credit lending facilities to non-banking financial companies (NBFCs) by easing liquidity norms and increasing the ceiling for lending to a single NBFC until De
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RBI eases liquidity norms for banks
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 19 (ANI): The Reserve Bank of India (RBI) on Friday increased lenders' single borrower exposure limit for Non-Banking Financial Companies (NBFCs) which do not finance infrastructure, to 15 per cent of capital funds.
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HDFC Bank to gain access to over 30,000 start-ups through AEP
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 10 (BusinessWire-India): HDFC Bank has announced the launch of its Accelerator Engagement Programme (AEP). In this first-of-its-kind programme, HDFC Bank will partner with leading start-up accelerators from across the world to gain early access to over 30,00
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Equifax, Manipal sign MoU to evangelize data science in India
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 4 (NewsVoir): A Memorandum of Understanding (MoU) was signed between Manipal ProLearn, the professional learning arm of Manipal Global Education Services (MaGE) and Equifax Inc., the global information solutions company to create industry-ready professionals specialize
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Jaitley to discuss banking reforms with PSBs today
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 25 (ANI): Union Finance Minister Arun Jaitley will hold a meeting with Public Sector Banks (PSBs) on Tuesday to discuss banking reforms.
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